Nexters Results Presentation Deck slide image

Nexters Results Presentation Deck

Key financial highlights (1/2) $m Revenue Q2 2022 127 LO HT 2022 5 253 115 Q2 2023 234 HT 2023 Source: Company information $m Total comprehensive Income/ Loss 33 Q2 2022 56 H1 2022 21 Q2 2023 12 HT 2023 $m Adjusted EBITDA 37 Q2 2022 56 H1 2022 17 Q2 2023 LO 5 HT 2023 GDEU In the second quarter of 2023 our revenue decreased by $12 million (or 9%) YOY and amounted to $115 million, driven primarily by a decrease of $11 million in change of deferred revenues during Q2'23 YOY. Total comprehensive income of $21 million vs. $33 million in Q2 2022 primarily due to a substantial investment in user acquisition in Q2 2023. Adjusted EBITDA of $17 million compared to the $37 million in Q2 2022, similarly mainly due to a substantial growth of selling and marketing expenses in Q2 2023.
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